Vietnamese cinema market worth more than $100 millionVietNamNet Bridge - Sixty percent of the cinema market in Vietnam is being held by foreign investors, with CGV and Lotte from South Korea the main players. Sixty percent of the cinema market in Vietnam is being held by foreign investors, with CGV and Lotte from South Korea the main players. By the end of 2016, Vietnam had 138 theatres and cinema complexes with 510 projection rooms and 86,500 seats.CGV of CJ Group was leading the market by December 2016 with 38 cinema complexes, followed by Lotte Cinema with 29 complexes.The two big foreign players alone make up 2/3 of the cinema market. In general, cinemas’ revenue comes from three major sources – ticket sales, popcorn sales and ads. It is estimated that food sales at cinemas brings is 40-50 percent of the profit from cinema ticket sales.

Source: VietNamNet News August 04, 2017 09:56 UTC